Economics Desk


KBC Bank Ireland / ESRI Consumer Sentiment Survey

Consumer spending is an important element of economic activity. The National Income and Expenditure Accounts (2009) show that in 2009 the value of personal consumption accounted for about two thirds of Irish GNP. Trends in this component are therefore very important for forecasting and planning. In the US, measures of consumer confidence by the University of Michigan and the Conference Board receive much attention, both domestically within the US but also internationally.

Such indicators have a broader use than solely as an input to model based forecasts. They provide some barometer of consumer sentiment and thus are an additional piece of information that may be used by those analysing, or interested in, the health of the economy.  The KBC Bank Ireland/ESRI Index of consumer sentiment aims to fill the existing gap in information on the consumer sector. The Index uses monthly data collected by the ESRI and is constructed using a methodology based on international best practice.

LINK TO METHODOLOGY

For further information contact:

Austin Hughes, Chief Economist, KBC Bank Ireland 01 664 6892

David Duffy, Economist, ESRI (01) 863 2000 www.esri.ie

 

29/05/2013 Irish Consumers Waiting For Economic Sunshine
10/05/2013 Sentiment Data Suggests Irish Consumers Still Uncertain
08/04/2013 Irish Consumer Sentiment Holds Steady As Contrasting Influences Balance Out
05/03/2013 Irish Consumers Remain Cautious In February
11/02/2013 Irish Consumer Sentiment Recovers In January
11/01/2013 Budget Worries Prompt Sharp Fall In Irish Consumer Sentiment
03/12/2012 Irish Consumer Sentiment Shows Small And Surprising Increase In November
31/10/2012 Irish Consumer Sentiment Stabilises After Last Month's Slide
02/10/2012 Irish Consumer Sentiment Falls Sharply In September
28/08/2012 Irish Consumer Sentiment Continues To Improve
09/08/2012 Irish Consumer Sentiment Surprisingly Strong in July
04/07/2012 Irish Consumer Sentiment Edges Higher In June
11/06/2012 Irish Consumer Sentiment Slips in May
08/05/2012 Irish Consumer Sentiment Edges Higher in April
11/04/2012 Irish Consumer Sentiment Slightly Better Again In March
01/03/2012 Irish Consumer Sentiment Holds Steady in February
31/01/2012 Irish Consumers Slightly Less Worried In January
09/01/2012 Irish Consumer Sentiment Tumbles In December
02/12/2011 Consumer Sentiment Drops Modestly But Hints At Slight Easing In Gloom
15/11/2011 Irish Consumer Sentiment Shows Shock Improvement In October
29/09/2011 Irish Consumers Gloomier In September
06/09/2011 Irish Consumer Sentiment Surprisingly Stable In August
10/08/2011 Irish Consumer Sentiment Slightly Weaker Again In July
28/06/2011 Irish Consumer Sentiment Slips In June
08/06/2011 Irish Consumer Sentiment Improves Modestly in May
09/05/2011 Irish Consumer Sentiment Falls Modestly in April
13/04/2011 Sharp Rise In Irish Consumer Sentiment In March
08/03/2011 Irish Consumer Sentiment Surprises Again In February
01/02/2011 Surprise Improvement in Irish Consumer Sentiment in January
12/01/2011 Irish Consumer Sentiment Slides In December
30/11/2010 Steady Irish Consumer Sentiment In November A Positive Surprise
02/11/2010 Irish Consumers Gloomier Again In October
07/10/2010 Irish Consumer Sentiment Sharply Weaker In September
07/09/2010 Irish Consumers Grow Gloomier in August
09/08/2010 Irish Consumer Sentiment Slips in July
29/06/2010 Irish Consumer Sentiment Strengthens In June
01/06/2010 Irish Consumer Sentiment Holds Steady In May
12/05/2010 Irish Consumers Less Gloomy Again In April
12/04/2010 Irish Consumer Sentiment Improves Modestly in March
02/03/2010 Consumer Sentiment Slips In February
08/02/2010 Sharp Improvement in Irish Consumer Sentiment in January
11/01/2010 Consumers Still Cautious But Slightly Less Pessimistic At End 2009
07/12/2009 Irish Consumer Sentiment Broadly Steady In November
04/11/2009 Irish Consumer Sentiment Better Than Expected In October
01/10/2009 Consumer Sentiment Slightly Better in September
07/09/2009 Consumer Sentiment Broadly Stable in August
29/07/2009 Irish Consumer Sentiment Slides In July
29/06/2009 Irish Consumer Sentiment Jumps In June
02/06/2009 Irish Consumer Sentiment Edges Lower In May
01/05/2009 Irish Consumer Sentiment Improves Slightly In April
06/04/2009 Irish Consumers Still Down But Not Out
26/02/2009 Consumer Fears Worsen In February
28/01/2009 Irish consumer sentiment slips in January
08/01/2009 Consumer Mood Brightens Before Christmas
28/11/2008 Irish Consumers Down But Not Entirely Out In November
03/11/2008 Irish Consumer Sentiment Fell Modestly In October

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